JUDGMENT

Vincent Ng J:

Background Facts

[1] The judgment creditor (JC) applied and on 1 June 1995 obtained summary judgment against the judgment debtor (JD) in the High Court at Kuala Lumpur vide Suit No: D1-22-325-1989 before the senior assistant registrar (SAR). The JD then filed an appeal against the SAR's decision to the judge in chambers, which was dismissed with costs. The learned judge's grounds of judgment dated 16 February 2000 has since been reported in the law journal (see Arab Malaysian Finance Bhd lwn. Tunku Maryam Tunku Zainal Abidin [2000] 3 CLJ 264). Dissatisfied with the learned judge's decision, the JD further appealed to the Court of Appeal. Meanwhile, on 24 April 2001 the JC issued a bankruptcy notice (BN) which was served on the JD on 16 July 2001, requiring her to pay the sum of RM248,632.21 owing as at 24 April 2001, being the amount due under the said judgment. On 12 November 2001, the JC filed a creditor's petition (CP) against the JD, which was served on her on 21 March 2002. Over three and a half months thereafter, on 11 July 2002, the JD filed a notice of intention to oppose petition (encl. 12) in Form 16, under r. 117 of the Bankruptcy Rules 1969 (the R